Key changes in the EU 4th AML directive

The European Union Fourth Anti-Money Laundering Directive (EU 4th AML directive) requires all EU member states to be compliant by 26th June 2017. The directive has been called “the most sweeping AML legislation in Europe in several years”.

There are challenges facing obliged firms in meeting the requirements of the Fourth EU AML Directive. Trapets’ White Paper aims to outline the key changes compared to the Third EU AML Directive and discuss the importance of having a solid risk based system solution, such as Trapets InstantWatch AML and KYC in place.